I believe so, yes... I also don’t think anyone should be confidently giving investment advice to any random person over the internet, yet alone taking any.
Conduct your own research while also listening to multiple perspectives on the future of the coin so that you can instinctively ask your self if you believe in the product or not.
Ethereum in my opinion is a great long-term investment. But let’s first understand what it is, along with their mission, so that you can see the potential that I do.
What is Ethereum?
Ethereum is an open source platform with the mission to build and inspire next-generation decentralized applications. In other words, the applications being built on the Ethereum network would have no middle men. Users are able to interact safely with social and financial systems to transact peer to peer, therefore opening a new realm of opportunity within decentralized development on specifically the exchange of value.
Like the Bitcoin network exchanges Bitcoin, applications within the Ethereum network would exchange ETHER. Therefore, making the Ethereum network have its own digital currency or, cryptocurrency that these decentralized applications would run on.
On the Ethereum network, developers are able to build these decentralized applications simply, within this seemingly complicated new technology. Think of it as Shopify or Volusion, these are centralized networks in which users/developers can build e-commerce stores more efficiently and cost effectively.
Ethereum is similar in this aspect, the network was essentially created to assist and fuel the growth of decentralized blockchain applications within its network.
RE: Musing Posts